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FAR EASTERN APPAREL (VIETNAM) LIMITED

Active

Business ID 3700426550

84-274 / 3782 260

FAR EASTERN APPAREL (VIETNAM) LIMITED

Active

Business ID 3700426550

84-274 / 3782 260

FAR EASTERN APPAREL (VIETNAM) LIMITED

Active

Summary

Name:

FAR EASTERN APPAREL (VIETNAM) LIMITED

Business ID (TIN):

3700426550

Date of Registration:

09 Jun 2008

Registered Office:

Ho Chi Minh City Department of Finance

Address:

No. 46, Tu Do Avenue, Vietnam-Singapore Industrial Park, Binh Hoa Ward, Ho Chi Minh City, Vietnam

Phone:

84-274 / 3782 260

Financial Statement:

2020, 2021, 2022, 2023, 2024

FAR EASTERN APPAREL (VIETNAM) LIMITED is a name that stands out in Vietnam’s garment and textile manufacturing sector. With over 17 years of operations and a workforce of 3,700 employees, the company has established a strong presence at its modern facilities in the Vietnam-Singapore Industrial Park, Binh Duong Province.

Financial Resilience Amid Market Challenges

Despite facing a sales decline of 31.2% in 2023 (dropping to USD 134.18 million), the company maintained profitability with a net profit of USD 4.76 million. What’s impressive is its robust equity growth of 15.72% and a net worth of USD 39.81 million, indicating sustained financial health even under pressure.

The company’s assets stood at USD 82.46 million by the end of 2023, with a remarkable improvement in working capital — surging over 1,300% year-over-year. These figures demonstrate FAR EASTERN APPAREL’s ability to manage liquidity efficiently, which is crucial in a volatile global supply chain landscape.

Backed by Foreign Investment

FAR EASTERN APPAREL is a 100% foreign direct investment (FDI) entity, wholly owned by FAR EASTERN INVESTMENT (HOLDING) LIMITED, Bermuda. This foreign backing provides it with global networks and financial stability, further solidifying its position in Vietnam's textile industry.

A Leader in Manufacturing Versatility

The company specializes in manufacturing made-up textile articles (excluding apparel), as well as knitted and crocheted apparel. It also holds licenses in electric power generation and distribution—an uncommon diversification in the textile sector.

Why Your Business Should Know More

Whether you are a supplier, buyer, investor, or risk manager, understanding the financial performance, ownership structure, and operational capabilities of FAR EASTERN APPAREL (VIETNAM) LIMITED is critical for making informed decisions.

Legal Profile

English Name:

FAR EASTERN APPAREL (VIETNAM) LIMITED

Vietnamese Name:

CÔNG TY TNHH APPAREL FAR EASTERN (VIETNAM)

Business ID (TIN):

3700426550

Date of Registration:

09 Jun 2008

Registered Office:

Ho Chi Minh City Department of Finance

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

LIN, Y.–.S

Address:

No. 46, Tu Do Avenue, Vietnam-Singapore Industrial Park, Binh Hoa Ward, Ho Chi Minh City, Vietnam

Phone:

84-274 / 3782 260

Business Sector

Key business lines:

VSIC:

1392 Manufacture of made-up textile articles, except apparel

NACE:

13.92 Manufacture of made-up textile articles, except apparel

Industry Sales Growth

CAGR (2019 - 2023)

1.68%

YoY (2023)

-6.90%

Companies by industry

Company distribution and propportions

2,546

0.0876%

Key Industry Players

Top 10 companies in manufacture of made-up textile articles, except apparel industry

protrade garment joint stock company huge-bamboo enterprise co.,ltd far eastern apparel (vietnam) limited tuan dat joint stock company shyang hung cheng industrial co., ltd phong phu home textile joint stock company tien hung joint stock company germton industrial company limited long hung production - trading joint stock company bac giang lgg garment corporation

Payment History

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Financial Performance

Assets	27.05%
Owner’s Equity	-6.87%
Working Capital	-94.97%
Net Worth	-43.19%
Sales	63.83%
Operating income	-1.19%
EBIT	-94.13%
Gross Profit Margin	-21.51%
Debt to EBITDA	28.73%

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Contact and Location

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Business Operation

Assets

Owner's Equity

Sales

Profit

Company Standard Report

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EBT

EBITDA

Working Capital

Tangible Net Worth

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Profit and Loss Statement

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Management and Directors

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Business Operation

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Negative Payment Records

Banking Information

Litigation Records; Negative News

Financial Ratios

Balance Sheet

Profit and Loss Statement

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Opinion from Analysts

Specific Questions About FAR EASTERN APPAREL (VIETNAM) LIMITED

When did FAR EASTERN APPAREL (VIETNAM) LIMITED start operating?

FAR EASTERN APPAREL (VIETNAM) LIMITED was started in 09 Jun 2008

What industry does FAR EASTERN APPAREL (VIETNAM) LIMITED operate in?

FAR EASTERN APPAREL (VIETNAM) LIMITED is operating in "Manufacture of made-up textile articles, except apparel" industry

How can I contact FAR EASTERN APPAREL (VIETNAM) LIMITED?

FAR EASTERN APPAREL (VIETNAM) LIMITED phone numbers is 84-274 / 3782 260

What adverse news is there about FAR EASTERN APPAREL (VIETNAM) LIMITED?

FAR EASTERN APPAREL (VIETNAM) LIMITED’s has no negative news

What is stock symbol of FAR EASTERN APPAREL (VIETNAM) LIMITED?

FAR EASTERN APPAREL (VIETNAM) LIMITED is not listed company

Where is the location of FAR EASTERN APPAREL (VIETNAM) LIMITED?

FAR EASTERN APPAREL (VIETNAM) LIMITED is located at No. 46, Tu Do Avenue, Vietnam-Singapore Industrial Park, Binh Hoa Ward, Ho Chi Minh City, Vietnam

What is FAR EASTERN APPAREL (VIETNAM) LIMITED’s business registration?

FAR EASTERN APPAREL (VIETNAM) LIMITED business registration is 3700426550

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